Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
Most Renters Believe They Can Stay Where They Are
A recent survey from Zillow found that 83 percent of renters nationwide said they feel confident that they can stay in…
Million-Dollar Home Sales Reach New Q1 High In California
From January through March, 10,562 homes were sold in California for $1 million or more, a new Q1 record for the state. Million-dollar…
Are House Flippers To Blame For The Housing Bubble?
Real home prices rose significantly between 1997 and 2005, cratered between 2005 and 2012, and then surged once again since 2012.
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Sellers And Landlords Are Cutting Sales Prices And Rental Rates
Dallas, San Antonio, and San Jose had the highest jumps in for-sale price cuts over the last year
Builder Confidence Up, New-Home Mortgage Applications Down
Homebuilder sentiment may be rising, but mortgage applications for new homes don’t currently support that hope. Single-family housing starts have…
How Trump Administration's Tax Plan Might Affect Homebuyers
While the Trump Administration’s new tax proposal doesn’t eliminate the mortgage-interest tax deduction (MITD), it doubles the standard deduction…
Home Values Explode In The Sunshine State
Florida was one of the housing markets most adversely affected during the subprime mortgage loan crisis, with mortgage delinquency rates hitting…
Home Prices Likely To Continue Their Upward Trend
Homes flew off the market like hotcakes in the first quarter of 2017, causing prices to rise higher than predicted in many parts of the U.S. They…
Mortgage Refi Activity Contributed Significantly To Housing Crisis
New data from the government-sponsored enterprises (GSEs) suggests that mortgage refinance activity was as significant a contributor to the…
New York And Chicago Are Best Places For Grads To Find Jobs
Data provided by Monster, the employment website, shows that New York and Chicago are the top two cities for…
